The Property
**Investment Opportunity: 1757 E Harvard – Prime Garden-Style Property**
Discover an exceptional investment opportunity with this meticulously maintained garden-style property located at 1757 E Harvard. This unique offering consists of 8 units spread across two contiguous fourplexes, each strategically positioned on separate parcels. This configuration not only enhances the property’s versatility but also allows for the flexibility of residential financing per fourplex, making it an attractive option for investors who are looking to diversify their portfolio with a stable and reliable income stream.
**Property Highlights:**
– **Year Built:** Constructed in 1984, this property boasts solid construction and a timeless design that appeals to a wide range of tenants. The thoughtful layout and quality materials used in its construction contribute to the property’s longevity and ease of maintenance.
– **Unit Composition:** The property is fully occupied with 2-bedroom, 1-bath units, each featuring an additional office space or study room. This added feature is particularly appealing to professionals working from home, students, or families needing extra space, thus increasing tenant retention and reducing vacancy rates.
– **Exterior Features:** Each unit includes a generously sized front patio area, providing residents with private outdoor space ideal for relaxation or entertaining. The property also features expansive backyard areas that offer additional space for outdoor activities, gardening, or potential future development. Ample front parking ensures convenience for tenants and their guests, adding to the overall appeal of the property.
– **Utilities:** Each unit is individually metered for electricity, allowing tenants to manage their own utility usage. This setup not only simplifies management responsibilities but also reduces operating expenses for the owner.
– **Additional Income Potential:** The property includes owner-operated laundry facilities in each building, providing a steady additional revenue stream. Each unit is also equipped with its own storage room, offering tenants extra storage space, which is a highly desirable amenity that can justify higher rental rates.
**Value-Add Opportunity:**
For investors looking to increase the property’s income potential, there is a light value-add opportunity available. By modernizing the interiors through selective remodels, such as upgrading kitchen and bathroom fixtures, flooring, and lighting, the property’s rental appeal could be significantly enhanced. These improvements could justify rent increases, leading to a higher return on investment over time.
**Prime Location Benefits:**
– **Close Proximity to Phoenix Children’s Hospital:** The property’s location near Phoenix Children’s Hospital makes it an ideal choice for families seeking convenient access to top-tier pediatric care. This proximity ensures a steady demand for rental units from medical professionals, hospital staff, and families with children receiving treatment.
– **Nearby Amenities:** The property is situated just minutes away from prestigious amenities like the Phoenix Country Club and Coronado Park. Residents can enjoy leisurely rounds of golf, engaging community events, and recreational activities in one of Phoenix’s most beloved green spaces. The vibrant Downtown Phoenix area, with its eclectic mix of dining, shopping, and cultural attractions, is also within easy reach, offering residents a dynamic urban lifestyle.
– **Transportation Access:** Commuters will appreciate the property’s easy access to the Route 51 Freeway, facilitating convenient travel throughout the Phoenix metropolitan area. Additionally, Phoenix Sky Harbor International Airport is just a short drive away, making it ideal for tenants who travel frequently for business or pleasure.
**Investment Appeal:**
This garden-style property presents a compelling investment opportunity with its attractive unit mix, desirable location, and potential for additional income through owner-operated facilities. The opportunity to increase rental income through strategic renovations adds further value, making this property a prudent choice for investors looking to expand their real estate portfolio with a well-positioned, income-generating asset.
**Please Note:** Buyers are advised to verify all facts and figures to ensure accuracy. Seller financing is not available for this property. Interior inspections will be conducted only after an accepted contract, to respect the privacy and comfort of the tenants. Interested parties are encouraged to drive by the property, but please do not disturb the tenants.
**Contact Us:** Don’t miss out on this outstanding investment opportunity! Contact us today to schedule a consultation and learn more about how 1757 E Harvard can become a valuable addition to your investment portfolio.
Virtual Tour-Check it out!
If you‘re interested in exploring the features of this property without leaving the comfort of your home, I highly recommend checking out the virtual tour. By clicking on the link provided, you’ll have the opportunity to experience a 360-degree view of the property, giving you a more immersive and interactive perspective. So why not take advantage of this convenient and innovative tool and discover what this property has to offer?
Location
**Explore the Vibrant Community Around 1757 E Harvard**
The area surrounding 1757 E Harvard is bustling with a variety of employment opportunities, recreational activities, and essential amenities, making it an attractive location for residents. The neighborhood benefits from its close proximity to key employers and institutions, ensuring convenience for those who live and work in the region. Notably, Phoenix Children’s Hospital, a leading pediatric care facility, is just a short drive away, providing ample employment opportunities in the healthcare sector. Additionally, nearby businesses and commercial centers offer a diverse range of job prospects across various industries, enhancing the area’s appeal to professionals seeking a dynamic work environment.
For those who enjoy leisure and cultural activities, the location is a hub of excitement. Phoenix Country Club, renowned for its prestigious golf course and exclusive amenities, is nearby, offering both recreational opportunities and a vibrant social scene. Additionally, Coronado Park, a local favorite, provides a lush green space for outdoor activities, picnics, and community events, making it a popular spot for families and individuals alike. The park’s facilities cater to various interests, including sports, playgrounds, and scenic walking paths.
The vibrant downtown Phoenix area, just a short drive away, further enriches the local lifestyle with its array of dining, shopping, and entertainment options. From trendy restaurants and boutique shops to lively arts and music venues, downtown Phoenix offers something for everyone. The city’s dynamic atmosphere is perfect for those who appreciate cultural events and a bustling urban environment, while still enjoying the tranquility of a residential neighborhood.
Residents also benefit from excellent access to transportation. The nearby Route 51 Freeway and Phoenix Sky Harbor International Airport make commuting and travel exceptionally convenient. Whether it’s a daily commute to work or an international getaway, the strategic location ensures that travel is both efficient and hassle-free.
In summary, the area around 1757 E Harvard offers a well-rounded lifestyle with its blend of employment opportunities, recreational activities, and convenient access to amenities. Its proximity to major institutions, vibrant cultural scenes, and reliable transportation options make it an ideal location for those seeking a balanced and engaging living experience.
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Offering Memorandum and Marketing Flyer
To access the Offering Memorandum or the one page Flyer, simply click on the button located below. From there, you’ll be able to download the document in PDF format.
Our Offering Memorandum is an essential resource for anyone who is considering investing in our opportunity. It includes all the necessary information, such as the investment terms, potential risks, financial projections, and more. By reviewing this document, you’ll have a complete understanding of what the investment entails.
If you have any questions or would like to learn more about our investment opportunity, please don’t hesitate to reach out to us. We’re always happy to answer any questions and provide you with the information you need to make an informed decision.
Thank you for considering our investment opportunity, and we hope to hear from you soon!
Documents
Year to Date Books and Records
Last Years Books and Records-2023
We‘d like to invite you to check out the additional photos we have uploaded to our website for our property. These photos offer a more detailed view of the property from various angles and perspectives, giving you a better understanding of its layout and features. Take a few moments to browse through these photos to see for yourself what our property has to offer. We believe that they will provide you with a better insight into our property. Thank you for considering this property, and please don’t hesitate to contact us if you have any questions.
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